Samreen Wani, Sachin P Mampatta

Stories by Samreen Wani, Sachin P Mampatta

Some states saw higher inflation than national average, shows data

Some states saw higher inflation than national average, shows data

Rediff.com   17 Apr 2024

Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24). Retail inflation figures in Telangana, Haryana, Rajasthan and Dadra and Nagar Haveli have been higher than national numbers every month of this financial year, shows a Business Standard analysis of state-wise figures, after the March inflation data was released on Friday. Experts noted that persistent high food inflation along with differences in the weights of rural and urban indices plays into the regional variation in inflation rates.

What Stocks Does Rahul Gandhi Invest In?

What Stocks Does Rahul Gandhi Invest In?

Rediff.com   15 Apr 2024

Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.

New private project announcements zoom ahead of polls

New private project announcements zoom ahead of polls

Rediff.com   9 Apr 2024

The private sector's new project announcements in the quarter ending March were among the highest on record. The value of new private sector project announcements for the three months ending March 2024 was Rs 9.8 trillion, shows data from tracker Centre for Monitoring Indian Economy (CMIE). This is the second-highest on record in data going back to 2009.

Electoral Bonds Saw Landscape Shift

Electoral Bonds Saw Landscape Shift

Rediff.com   8 Apr 2024

Key individual parties have cornered a larger share, with some favouring regional and others national players.

Sponsor MF contributions near Rs 1 trn

Sponsor MF contributions near Rs 1 trn

Rediff.com   3 Apr 2024

Mutual fund bets in their own schemes are nearing the Rs 1 trillion mark. The total value of sponsor and associate investments across all categories of schemes touched Rs 95,058 crore in February, according to a Business Standard analysis of data from industry body the Association of Mutual Funds in India (Amfi). This represents a 28.9 per cent increase over March 2023.

How Do Turncoats Fare In Elections?

How Do Turncoats Fare In Elections?

Rediff.com   28 Mar 2024

The share of candidates who were successful among the BJP was 56.5% in 2019. It was 5% for the Congress.

For 2nd straight year, co-location IS preferred mode of F&O trading

For 2nd straight year, co-location IS preferred mode of F&O trading

Rediff.com   21 Mar 2024

Co-location may well have a majority share of futures and options (F&O) trading in 2023-24 once again. It accounted for 50.53 per cent of the National Stock Exchange (NSE) derivatives trading turnover in February, higher than the 50.1 per cent share seen in 2022-23 (FY23). The share on the BSE was higher though February numbers showed a dip relative to the previous year.

SEBI Sees Sharp Rise In Complaints, Here's Why

SEBI Sees Sharp Rise In Complaints, Here's Why

Rediff.com   11 Mar 2024

As many as 5,532 complaints were received by the regulator in January, an 80 per cent increase over the number of complaints filed in the previous month.

Which City Sold Maximum Value Of Electoral Bonds?

Which City Sold Maximum Value Of Electoral Bonds?

Rediff.com   27 Feb 2024

Mumbai accounts for the largest share of electoral bonds sold since inception.

Race To Modernisation: Air Force, Navy Beats Army

Race To Modernisation: Air Force, Navy Beats Army

Rediff.com   19 Feb 2024

The Army has now fallen behind the other two services for four years in a row.

Rs 15 Trillion In Direct Taxes Comes Via Automatic Route

Rs 15 Trillion In Direct Taxes Comes Via Automatic Route

Rediff.com   14 Feb 2024

96 per cent is being collected through TDS, advance tax, self-assessment tax, and other receipts.

How Sensex Has Changed Over Years

How Sensex Has Changed Over Years

Rediff.com   2 Feb 2024

A quarter of the stocks have been replaced since 2019, marking the evolution of India's economy.

AIF returns trailed market gains in Dec

AIF returns trailed market gains in Dec

Rediff.com   25 Jan 2024

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent

Have You Heard Of Zombie Companies?

Have You Heard Of Zombie Companies?

Rediff.com   17 Jan 2024

If Indian companies were people, around 20 per cent of the listed space would be individuals whose salaries don't cover their loan instalments.

Guess How Many Indians Filed Tax Returns? A Record 81.8 Million!

Guess How Many Indians Filed Tax Returns? A Record 81.8 Million!

Rediff.com   16 Jan 2024

Many individuals filing tax returns declare zero tax liability. They accounted for two-thirds of the total individual returns filed.

Govt Project Launches Hit All-Time Low

Govt Project Launches Hit All-Time Low

Rediff.com   10 Jan 2024

Government announcements for the building of new roads, railways, and other capital expenditure (capex) projects may have hit an all-time low, according to numbers for the December quarter.

Banks Wrote Off Rs 1 Trillion In Frauds

Banks Wrote Off Rs 1 Trillion In Frauds

Rediff.com   3 Jan 2024

As the total number of bank frauds increased from 6,800 in FY19 to more than 13,500 in FY23, the share of private banks in the occurrence went from 34 per cent to 66 per cent.

Overcrowded Jails, Packed Beyond Capacity

Overcrowded Jails, Packed Beyond Capacity

Rediff.com   29 Dec 2023

Nearly 80% of the inmates are undertrials; UP district jails have twice the numbers they were built for.

365,300 Crimes Against Women

365,300 Crimes Against Women

Rediff.com   23 Dec 2023

Cruelty by husband or his relatives accounted for 38.3 per cent of all crimes against women.

40,175 Manufacturers Vanish From Tax Data

40,175 Manufacturers Vanish From Tax Data

Rediff.com   23 Dec 2023

Manufacturing's share in the profit pool of companies had declined before the pandemic.